Background

Mr. Ronald W. Tysoe, also known as Ron is a Principal of The Hauser, Davis & Tysoe Group. Mr. Tysoe served as a Senior Advisor for Perella Weinberg Partners LP from October 2006 to September 2007. He served as the Vice Chairman of Finance and Real Estate - Federated Department Stores Inc. from April 1990 to 2006. Mr. Tysoe served as the Chief Financial Officer at Federated Department Stores Inc. from April 1990 to October 1997 and also as the Member of the Board from ... 1988 to 2005. While at Federated, Mr. Tysoe was responsible for over 30 retail industry transactions, including the acquisitions of Macy's in 1994 and May Department Stores in 2005. He also played a key role in negotiating Federated's successful emergence from bankruptcy proceedings in 1992. Mr. Tysoe negotiated the sale of Federated's $7 billion account receivable portfolio to Citibank in 2005. Mr. Tysoe served as the Chief Executive Officer and President at Campeau Corporation since 1988. He serves as the Chairman of Cincinnati Country Day School and as an Independent Director of Hauser Private Equity. Mr. Tysoe focuses on retail, banking, media, and finance. He serves as a Director at J. C. Penney Corporation, Inc. He has been a Director of Scripps Networks Interactive, Inc. since July 1, 2008, Independent Director of Canadian Imperial Bank of Commerce (CIBC) since 2004, Director of Oakleaf Waste Management, LLC, Independent Director of NRDC Acquisition Corp., Taubman Centers, Inc., since December 17, 2007, and Cintas Corporation since January 15, 2008. Mr. Tysoe has been a Director of J. C. Penney Company, Inc. since August 13, 2013. He serves as a Board Observer at Adspace Networks, Inc. He serves on several Non-Profit Boards including the Cincinnati Country Day School, the Cincinnati Museum Center, and the Cincinnati Zoo. He served as the Vice Chairman of Finance and Real Estate at Macy's, Inc., from April 1990 to October 2006. Mr. Tysoe was also a Director of a portfolio company for New Mountain Capital from 2008 to 2011. He served as the Vice Chairman of The E. W. Scripps Company since December 1997 and its Director from 1996 to July 1, 2008. He has significant public company Board of Directors experience. He served as an Independent Director at Retail Opportunity Investments Corp. until December 15, 2000. Mr. Tysoe served as a Director of Ohio Casualty Corp. from March 15, 2006 to August 24, 2007, Great American Financial Resource,s Inc. from February 1999 to March 31, 2004 and Macy's Inc., from 1988 to October 2006. He served as an Independent Director of Pzena Investment Management, Inc. from December 2008 to August 2013. He holds a Bachelor's degree in Law and Bachelor's degree in Commerce from the University of British Columbia in 1977 and 1978, respectively.

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